Revision of interest rates for Small Savings Schemes for 4th Quarter of FY 2017-18 (Jan, 18 to Mar, 18) – MoF
F.No.01/04/2016-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 27.12.2017
Office Memorandum
Subject: Revision of interest rates for Small Savings Schemes.
The undersigned is directed to refer to this Department’s OM of even number
dated 16th February, 2016, vide which the various decisions taken by the
Government regarding interest fixation for small savings schemes were
communicated to all concerned.
dated 16th February, 2016, vide which the various decisions taken by the
Government regarding interest fixation for small savings schemes were
communicated to all concerned.
2. On the basis of the decision of the Government, interest rates for small
savings schemes are to be notified on quarterly basis. Accordingly, the
rates of interest on various small savings schemes for the fourth quarter
of financial year 2017-18 starting 1st January, 2018, and ending on 31st March, 2018, on the basis of the interest compounding payment built-in in
the schemes, shall be as under:
savings schemes are to be notified on quarterly basis. Accordingly, the
rates of interest on various small savings schemes for the fourth quarter
of financial year 2017-18 starting 1st January, 2018, and ending on 31st March, 2018, on the basis of the interest compounding payment built-in in
the schemes, shall be as under:
*No Change
3. This has the approval of Finance Minister.
(Padam Singh)
Regional Director (Sr.)
Tele – 0112395155
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